Fashion group Tapestry said Thursday that it was dropping its $8.5 billion bid for Capri, the owner of luxury brands including Michael Kors and Versace, following a successful legal challenge by US ...
Fashion company Tapestry says it's terminating its proposed merger with Capri because the two luxury groups don't expect to ...
Had the merger proceeded, it would've united Tapestry's Coach, Kate Spade and Stuart Weitzman brands with Capri's Versace, Jimmy Choo and Michael Kors. The leaders of the two companies outlined their ...